OFF MARKET

2 Rosewarne Avenue
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 803m2
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Last updated 11 Nov 2024
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Property Details for 2 Rosewarne Ave, Cheltenham

2 Rosewarne Ave, Cheltenham is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 803m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Land Size
803m2
Local Government
Kingston
Lot/Plan
6/LP40023

Last Listing description (October 2021)

This property will be available for private inspection during the times advertised. It is a requirement for buyers to pre-register before attending any inspection - please contact us to arrange this.

An impressive piece of real estate in an increasingly desirable, fast-regenerating and well located Cheltenham pocket, this perfect bayside entry home, investment or potential new redevelopment (STCA) really does cater to it all.

A rare 798sqm (approx) land parcel is more than enough ground for all, and with its extraordinary potential to bring the existing home up to speed through renovating and extending into some of that backyard, completely rebuilding - OR, subdividing and redeveloping this huge block into multiple dwellings (STCA). It goes without saying just how rarely an affordable property of this proportion becomes available to the market.

An extra-wide 17.5m (approx) street frontage by 45.3m (approx) deep building canvas to play with and a variety of opportunities to explore. The home is set well back off the street and offers dual driveways - a single garage and potential for side access.

Although a little dated on the surface, the home is straight and solid, has been well looked after and updated along the way and is certainly able to accommodate you or your tenants immediately.

Quality updated carpets, ducted heating throughout, plenty of storage, a neat bathroom with a bath and shower, separate laundry, and a functional kitchen with a dishwasher. Two large bedrooms with built-in robes, a large lounge and dining room and a central raised porch between the lounge and main bedroom to capture the north-facing sun. Then there's the extensive outdoor space front and back, the grand potential for entertaining and the good old-fashioned Aussie backyard!

Bus stops around the corner, close to Friendship Square park, playground and kindergarten, fantastic local shops including Frank's Cafe, Le Page Park and Le Page Primary School nearby. Within an easy walk to Cheltenham Secondary College, Westfield Southland, Charman Road and the train station.

It's all here: a solid foundation, endless possibilities and immeasurable potential! Potential rent: $400 per week.

PLEASE NOTE:
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
* Photo ID required at all open for inspections

Property History for 2 Rosewarne Ave, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$1,500,000
31 Jul 2021
Listed for Rent
$390/w
11 Dec 2017
  • 31 Jul 2021
    Sold for $1,500,000
  • 22 Jun 2021
    Listed for Sale $1,180,000 - $1,220,000
  • 28 Nov 2017
    Listed for Rent $390 / week
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About Cheltenham 3192

The size of Cheltenham is approximately 10.6 square kilometres. It has 26 parks covering nearly 19.1% of total area. The population of Cheltenham in 2011 was 20,291 people. By 2016 the population was 22,311 showing a population growth of 10.0% in the area during that time. The predominant age group in Cheltenham is 40-49 years. Households in Cheltenham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cheltenham work in a professional occupation. In 2011, 73.6% of the homes in Cheltenham were owner-occupied compared with 71% in 2016.

Cheltenham has 14,772 properties. Over the last 5 years, Houses in Cheltenham have seen a 14.37% increase in median value, while Units have seen a 13.72% increase. As at 31 October 2024:

  • The median value for Houses in Cheltenham is $1,171,721 while the median value for Units is $695,183.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 54 properties listed for sale, and 41 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 618 properties were sold in the past 12 months in Cheltenham.

Suburb Insights for Cheltenham 3192

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.